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British Gas owner’s profits tumble 39%; gen Z turning to trades for AI-proof work – business live

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Centrica has paused its share buyback after profits plunged, while new data shows Gen Z looking for AI-proof jobs in traditional trades

And we’re off!

European markets are open for trading and most major indexes are in the red:

FTSE 100 is down 0.3%

Germany’s DAX is down 0.33%

France’s CAC 40 is down 0.2%

Spain’s IBEX is down 0.16%

2025 has been a year of real momentum and we have made bold investments as we continue the fundamental transformation of Centrica.

The environment has been challenging, and performance has varied across the business.

With major projects like Sizewell C, Grain LNG and our Meter Asset Provider laying the groundwork for more stable and predictable earnings, our long-term opportunities have never been better.

Pausing the buyback enables us to prioritise investment that creates lasting value for shareholders, while continuing to deliver the reliable, affordable energy that households and businesses need to power economic growth through the transition.

11am GMT: CBI Industrial Trends Orders

1.30pm GMT: US International Trade in Goods and Services, December and Annual 2025

Continue reading…Centrica has paused its share buyback after profits plunged, while new data shows Gen Z looking for AI-proof jobs in traditional tradesAnd we’re off!European markets are open for trading and most major indexes are in the red:FTSE 100 is down 0.3%Germany’s DAX is down 0.33%France’s CAC 40 is down 0.2%Spain’s IBEX is down 0.16%2025 has been a year of real momentum and we have made bold investments as we continue the fundamental transformation of Centrica.The environment has been challenging, and performance has varied across the business.With major projects like Sizewell C, Grain LNG and our Meter Asset Provider laying the groundwork for more stable and predictable earnings, our long-term opportunities have never been better.Pausing the buyback enables us to prioritise investment that creates lasting value for shareholders, while continuing to deliver the reliable, affordable energy that households and businesses need to power economic growth through the transition.11am GMT: CBI Industrial Trends Orders1.30pm GMT: US International Trade in Goods and Services, December and Annual 2025 Continue reading…